Auxillias appoints Dan Richards to lead remediation as sector comes under pressure

Alejandro Gonzalez

Mon, May 12, 2025, 3:56 AM 2 min read

Legal and compliance steadfast Auxillias has appointed Dan Richards to pb its remediation programmes, arsenic regulatory scrutiny successful the centrifugal concern assemblage intensifies up of a landmark Supreme Court ruling.

The assignment comes arsenic Auxillias prepares to motorboat a caller work supporting committee and redress programmes. The offering is designed to assistance firms respond to the expected consequences of the Supreme Court’s forthcoming determination successful Smith & Others v Royal Bank of Scotland plc (commonly referred to arsenic the Johnson case), which is anticipated to acceptable a precedent connected committee disclosure successful centrifugal concern agreements.

According to a property release, Richards brings implicit 25 years’ acquisition managing large-scale remediation and translation initiatives successful the UK fiscal services sector. His erstwhile enactment has included projects related to outgo extortion security (PPI), complaints handling, Section 166 reviews, and fiscal crime.

Speaking astir the caller role, Richards said: “I’m truly pleased to beryllium joining Auxillias astatine specified an important time. The motorboat of the caller committee and redress programme enactment work shows we’re acceptable to assistance firms respond with assurance to the challenges ahead.”

Alongside his caller relation astatine Auxillias, Richards remains CEO of Profexx Partners, a consultancy focused connected tech-enabled remediation services.

Joanne Davis, co-founder and CEO of Auxillias, said: “We’re delighted to person Dan connected board. His way grounds speaks for itself. With the Supreme Court ruling owed soon, we’re already moving intimately with clients to get them prepared for what comes next. Dan is simply a cardinal portion of that squad – helping firms measure risk, program up and enactment connected the beforehand foot.”

Auxillias was co-founded 4 years agone by Davis and Daksha Mistry to supply specializer ineligible and regulatory enactment to UK fiscal services firms.

"Auxillias appoints Dan Richards to pb remediation arsenic assemblage comes nether pressure" was primitively created and published by Leasing Life, a GlobalData owned brand.

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